OCC to JPMC: “Oh, This Too” – SCRA Lookback
Consent Order hits JP Morgan Chase with unsafe or unsound practices in connection with the bank’s non-home loan debt collection litigation practices and the bank’s non-home loan compliance with the Servicemembers Civil Relief Act (SCRA). Actions include required actions on litigation practices associated with debt collection and a massive lookback for non-home loan debt collection practices (both SCRA and otherwise) from 2009 and SCRA from 2005. [9/19]